In a filing, Check Point Software Technologies Ltd. revealed its Officer Schusheim Sharon acquired Company’s shares for reported $4.6 million on Sep 09 ’24. In the deal valued at $188.42 per share,24,438 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Chelouche Yoav bought 25,000 shares, generating $4,749,750 in total proceeds.
Before that, Dor Dorit bought 102,562 shares. Check Point Software Technologies Ltd. shares valued at $19,743,185 were divested by the Officer at a price of $192.50 per share.
BMO Capital Markets reiterated its Check Point Software Technologies Ltd. [CHKP] rating to a Market perform in a research note published on October 25, 2024; the price target was $238. A number of analysts have revised their coverage, including William Blair’s analysts, who increased its forecast for the stock in late January from “a Mkt perform” to “an Outperform”. Raymond James also remained covering CHKP and has increased its forecast on December 18, 2023 with a “an Outperform” recommendation from previously “Mkt perform” rating. Susquehanna started covering the stock on December 15, 2023. It rated CHKP as “a Positive”.
Price Performance Review of CHKP
On Tuesday, Check Point Software Technologies Ltd. [NASDAQ:CHKP] saw its stock fall -14.47% to $177.87. Over the last five days, the stock has lost -14.21%. Check Point Software Technologies Ltd. shares have risen nearly 16.41% since the year began. Nevertheless, the stocks have risen 34.91% over the past one year. While a 52-week high of $210.70 was reached on 10/11/24, a 52-week low of $126.57 was recorded on 05/31/24. SMA at 50 days reached $195.44, while 200 days put it at $170.80.
Levels Of Support And Resistance For CHKP Stock
The 24-hour chart illustrates a support level at 172.25, which if violated will result in even more drops to 166.64. On the upside, there is a resistance level at 186.24. A further resistance level may holdings at 194.62. The Relative Strength Index (RSI) on the 14-day chart is 27.72, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.99%. Stochastics %K at 56.18% indicates the stock is a holding.
How much short interest is there in Check Point Software Technologies Ltd.?
A steep rise in short interest was recorded in Check Point Software Technologies Ltd. stocks on 2024-10-15, growing by 43245.0 shares to a total of 3.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.28 million shares. There was a rise of 1.3%, which implies that there is a positive sentiment for the stock.
